Where is the money to pay the administrators? Obviously from the...

Where is the money to pay the administrators? Obviously from the sale of the assets. Creditors will rank ahead of shareholders so the shares are worthless given the level of debt.

MIZ is gonski, I a am sorry to say.

I contributed a around a net amount of $50k to the MUN?MIZdream. It was part of the learning process-

.Read the disclosure notice on the presentations, ie the presos are often statements of hope.

.When there are environmental issues with a mine take a short cut to the exits.

.When they consistently fail to meet targets say goodbye to the company.

.The fact that insiders hold shares means nothing - they can be just as stupid as you.

.Beware of promotional material on small caps circulated in the media (not a failure of mine this time around)

.When the hotcopper rampers arrive on a thread get the heck out on any bounce.

.Do your own research and take no notice if a company gets a positive mention in the AFR - the journo is ramping it for a reason.

.Check the financials of the company - inflows must exceed outflows to keep me interested in the fairytale.

.Ashley Pattison, eg CEO, lost money just like the rest of us chumps.

.Beware of dilution via Convertible Notes - the backdoor takeover of a company.

Good luck guys and any gals - like I have been saying keep your powder dry and be prepared for when the USD POG again takes off. No need to rush into goldies at present, I think. Let the share prices come down to your level when the biggest goldie pukefest is in progress sometime in 2015 or 2016.

loki (Always look on the bright side of life - and avoid the golden doggies)